Business and Economics
Ch17 launches “Care” for healthcare workers

Several leading retailers and consumer brands will join Ch17 Rewards and Loyalty to pay tribute to medical professionals and frontline healthcare workers by launching CARE PRIVILEGE a programme to honour those in the frontline battling the Covid-19 pandemic.

“We are indeed thankful to all our retail partners and merchants for their support and great gesture in making this possible,” Jumar Preena, CEO of Ch17 said.

“We have made arrangements to enroll all care workers recommended by the health sector authorities and to provide them a special memento in recognition of their selfless and dedicated service to the public during this difficult period,” he added.

CARE PRIVILEGE is for the healthcare sector where they can enjoy reduced tariffs, free offers, cash discounts and promotional rates from more than 50 partner merchants and retailers throughout the year.
China’s economic growth picks up in June

China’s economy picked up speed in the April-to-June quarter, a sign that the government’s stimulus moves have started to have an impact.

The world’s second-largest economy expanded 7.5%, from a year ago, up from 7.4% growth in the previous quarter.

Other data released on Wednesday showed that retail sales and factory output also rose in June.

The data comes as China has introduced a series of measures in recent months to help boost its growth.

“The result is very good and shows the economy has recovered very well in the second quarter,” said Dariusz Kowalczyk, a senior economist with Credit Agricole in Hong Kong.

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Sri Lanka should woo tourists from countries showing progress in containing Covid pandemic

Sri Lanka should try to woo tourists to visit Sri Lanka from countries that have shown progress in containing the Covid Pandemic when the pandemic settles down said outgoing Chairman, Institute of Hospitality Sri Lanka International Branch (IHSLIB), Thusith Samaraweera.

Addressing the annual general meeting of IHSLIB at Ramada he said that countries such as New Zealand, Australia, Taiwan and Vietnam have made progress in the containment of the spread of Covid and Sri Lanka should first try to promote tourism with them.

“After the pandemic settles Sri Lanka can look towards major markets such as China, India and Europe.”

“A number of East Asian and Pacific countries are negotiating to have, what they call ‘Corridors’ or ‘Bubbles’ that will allow tourists to travel, without having to quarantine themselves.” The World Travel and Tourism Council estimate that in the past five years, tourism has accounted for one out of every four jobs created in the world. Last year as much as 10% of the global output came from tourism.

“In other words tourism is a huge and growing part of the global economy.

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